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The Department of Energy (DOE) is sorting out a policy prescription that will institutionalize the creation of a five-man third party to oversee the auction processes on power supply contracting of the distribution utilities.

Continue reading DOE eyes 5-man team as 3rd party in power supply auctions

MANILA — The Department of Energy (DOE) is pushing for a 25-percent contingency reserve requirement for all power generating firms to sufficiently meet peak demands and avert outages due to power plant shutdowns and other causes.

Continue reading DOE pushes for 25% contingency power reserve to avoid outages

MANILA, Philippines — Aboitiz Power Corp. is looking to add 500 megawatts (MW) of capacity next year once it completes several hydropower and coal-fired power plants across the country.

Continue reading AboitizPower on track to add 500 MW capacity in 2018

AboitizPower Corp. is set to add about 500 megawatts (MW) of attributable capacity in 2018 with the completion of several hydro and baseload power plants in Luzon, Visayas, and Mindanao.

Continue reading AboitizPower to add 500MW capacity in 2018

The government is at risk of undermining its own economic-growth targets if the Senate version of the tax reform, which will raise the excise tax on coal from P10 per metric ton (MT) to P100 per metric ton in 2018, P200 in 2019 and P300 in 2020 and succeeding years, gets implemented. Increasing the excise tax on coal is not included in the House version of the Tax Reform for Acceleration and Inclusion.

Continue reading Cheap power to speed up PHL industrialization

ALSONS Consolidated Resources, Inc. (ACR) is considering putting up a separate retail electricity supply (RES) business, although the timing and the decision to do so would largely depend on its current customers — the distribution utilities.

Continue reading Alsons mulls entry into retail electricity business

Iginiit kahapon ni Senador Sherwin Gatchalian na kumilos ang tanggapan ni Department of Energy (DOE) Secretary Alfonso Cusi at madaliin ang pagpapatupad ng circular para sa Retail Competition and Open Access (RCOA) upang mabawasan ang epekto ng inaasahang pagtaas ng singil sa kuryente sa sandaling ipatupad na ang dagdag na buwis o excise tax sa coal o uling.

Continue reading Cusi kinalampag sa tataas na singil sa kuryente

The Senate approved today on third and final reading a bill which sought to lower the costs of electricity in the country and build a robust energy sector.

Continue reading Senate oks bill cutting red tape in power projects

INCREASING awareness on various ways on how to save electricity is expected to adversely affect the Manila Electric Co.’s (Meralco) energy sales, its president said last week.

Continue reading Consumer awareness on saving power seen to cut Meralco sales

MANILA Electric Co. (Meralco), the country’s largest power distribution utility, is embarking on a digital transformation by adopting new technologies, including the development of a smart grid, to better serve its customers and enhance grid reliability.

Continue reading Meralco looking to develop smart grid

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